A 1964 SMS dime sold for $18,600 at Heritage Auctions in August 2026 โ nearly 186,000 times its ten-cent face value. While most circulated 1964 dimes are worth their silver melt (~$5โ$7), Full Bands condition rarities, DDR errors, and the mysterious SMS strikes can push values into the thousands. This is America's last silver dime, and a small percentage of the 2.28 billion minted are genuine numismatic treasures.
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Open Calculator โThe 1964-D DDR (FS-805) is the most famous Roosevelt dime error. Use this tool to see if your Denver dime shows the key diagnostic features. This only applies to D mint mark coins.
Letters in "ONE DIME" appear crisp and single. No shadow or ghost lettering. "UNITED STATES OF AMERICA" shows clean, sharp edges under 10x. Torch bands may still be merged on a weakly-struck example, but lettering is not doubled.
Under 5xโ10x magnification "ONE DIME" shows wide, distinct separation between primary and secondary images โ not a blur or smear. "UNITED STATES OF AMERICA" has a visible ghost impression. The letter "N" in "UNUM" shows a slightly wider appearance.
For deeper background on how grade affects your coin's worth, see this in-depth 1964 dime identification breakdown and reference guide. All values below reflect PCGS auction data and current market conditions.
| Variety | Worn (GโF) | Circulated (EFโAU) | Uncirculated (MS63โ65) | Gem (MS67+) |
|---|---|---|---|---|
| 1964 Philadelphia (No Mark) | $5โ$6 | $6โ$8 | $8โ$20 | $45โ$200 |
| 1964 Philadelphia Full Bands (FB) | โ | โ | $50โ$300 | $200โ$700+ |
| 1964-D Denver | $5โ$6 | $6โ$8 | $8โ$20 | $45โ$200 |
| 1964-D Full Bands (FB) โ | โ | โ | $50โ$350 | $350โ$6,495 |
| 1964 Proof (Standard) | โ | โ | โ | $15โ$17 (PR) |
| 1964 Proof Cameo (CAM) | โ | โ | โ | $16โ$50 |
| 1964 Proof Deep Cameo (DCAM) | โ | โ | โ | $17โ$525+ |
| 1964-D DDR Doubled Die Reverse โ | $10โ$20 | $20โ$100 | $127โ$500 | $500โ$2,530 |
| 1964-D RPM Repunched Mint Mark | $8โ$15 | $10โ$30 | $30โ$150 | $150โ$330+ |
| 1964 SMS Special Strike ๐ด | โ | โ | $7,000+ | $10,200โ$18,600 |
โ Highlighted = Signature varieties. ๐ด = Extreme rarity; buy certified only. Based on PCGS auction data ยท 2026 edition.
๐ฑ CoinKnow lets you photograph your dime and get an instant AI-powered identification and estimated value in seconds โ a coin identifier and value app.
Most 1964 dimes trade at silver melt value, but a handful of certified error varieties can multiply that figure dozens or even hundreds of times. The five varieties below represent the most researched, most collected, and most frequently cherrypicked errors in the 1964 Roosevelt dime series โ listed from most famous to most exotic.
The 1964-D DDR stands as the premier cataloged variety in the entire Roosevelt dime series, earning its FS-805 designation in the Fivaz-Stanton Cherrypickers' Guide. It arose during the die-making process at the Denver Mint when the working die received at least two misaligned hub impressions during the annealing-and-hubbing cycle. Because each die struck hundreds of thousands of coins, the error is a true variety โ every example from that specific die pair carries the identical doubling signature.
The doubling is described by experts as wide and distinct โ a hallmark of genuine hub doubling rather than the flat, shelf-like appearance of mechanical or machine doubling. The most prominent doubling concentrates on "ONE DIME" and "UNITED STATES OF AMERICA," where each letter displays a secondary image offset to one side with complete separation visible under a 5xโ10x loupe. Secondary doubling in the motto "E PLURIBUS UNUM" โ particularly the letter "N" in "UNUM" โ serves as an important confirming diagnostic.
Collector demand for this variety has grown steadily as registry set competition intensifies. Circulated AU-grade examples routinely change hands for $75 to $100. A MS-65 example realized $2,530 at a major auction, demonstrating the premium the market places on this variety in pristine condition. The DDR market remains less developed than DDO markets on other series, meaning cherrypickers willing to examine raw rolls and dealer stock can still find undervalued examples.
The 1964-D RPM errors are among the most extensively cataloged in the entire Roosevelt denomination, a direct consequence of the Denver Mint's hand-punching process. In 1964, mint employees still applied mint marks to individual working dies by positioning a steel punch and striking it with a hammer. If the first blow was too light, slightly misaligned, or if the employee's hand shifted, a second punch was required โ creating an overlapping "D" visible under magnification. This hand-application method remained in use through 1989, after which the mint mark was incorporated directly into the master hub, making true RPM errors impossible on modern coins.
Variety Vista has documented at least ten distinct RPM configurations for the 1964-D, designated RPM-001 through RPM-010. Each variety shows a different secondary "D" position โ offset north, east, west, or at various diagonal angles from the primary mint mark. Some examples display a nearly complete secondary "D" while others show only a partial curved tail or serif remnant. The dramatic, widely-spaced examples are the most prized. At 5xโ10x magnification you should see a clearly formed secondary impression rather than merely a thickened or blurry mark, which could indicate simple die fatigue or environmental damage.
The collector market for 1964-D RPMs skews heavily toward examples with dramatic offset and clear visibility without magnification. Minor varieties requiring 10x to identify trade for $5 to $15 over standard silver melt. More pronounced examples with clear naked-eye hints can reach $150 to $330 in uncirculated condition, while the finest known dramatic examples in gem state have historically exceeded these benchmarks when offered at specialty variety auctions.
The 1964-D MPM FS-502 represents a fundamentally different type of error from the RPM varieties. Rather than a mint mark punched twice in slightly different positions, the MPM occurred when the mint mark punch was applied to the working die in an entirely wrong location โ significantly off-center, at an unintended angle, or partially overlapping nearby design elements near the torch base. The first punch effectively "misplaced" the mark, and a corrective punch was applied in the standard position. This leaves a ghost impression or partial "D" in an unexpected location on the die, and subsequently on every coin struck from that die.
The FS-502 designation places this variety in the Fivaz-Stanton Cherrypickers' Guide, the numismatic community's definitive reference for attributing such errors. Under magnification, a collector examining a genuine MPM will see evidence of the errant punch impression in addition to the normally placed "D" โ the secondary mark is not merely offset from the primary but appears in a distinctly wrong area of the die field. Population data for this variety is limited, as many examples likely remain unattributed in unexamined rolls and dealer stock, making cherrypicking opportunities real and ongoing.
Auction data for the MPM FS-502 is thinner than for the DDR and RPM series, partly because of a smaller known population and partly because variety attribution requires close examination and reference to the Cherrypickers' Guide. Circulated examples with a clear misplaced impression start around $30 to $60 over standard value. Uncirculated examples with strong doubling signatures and confirmed FS-502 attribution on a PCGS or NGC label can reach several hundred dollars in gem condition, with premium examples at the top of the certified population commanding more.
Off-center strike errors occur when the coin blank (planchet) is not properly centered between the dies during the striking process. The resulting coin shows the complete or partial Roosevelt and torch design compressed toward one edge, with a visible blank, unstruck crescent of silver on the opposite side. The 1964 dime's high-volume production environment โ over a billion coins struck in Denver alone โ created elevated opportunities for feeder system misalignments to pass undetected, making off-center 1964 dimes findable though not common.
Collector value for off-center strikes scales directly with the degree of misalignment and whether the date is still fully visible. A coin struck 5โ10% off-center with a partial blank shows more modest premiums, while examples 25โ50% off-center are considered dramatically collectible. The most prized specimens โ where the coin is 50% off-center but the full date "1964" remains readable and sharp โ represent the optimal combination of dramatic visual impact and positively identified attribution. Coins with the date completely off the planchet cannot be confidently attributed and therefore bring lower prices despite their visual drama.
The silver composition of 1964 dimes adds a floor value beneath any off-center error, meaning even a heavily distorted example retains its silver melt value as a starting point. On the collector side, well-centered yet dramatically struck examples have historically realized $60 to $750 depending on degree and condition, a range corroborated by multiple dealer price lists and completed eBay auction data for certified specimens. The CoinTrackers reference guide places the general value range at $25 to $600 for this type across all grades.
Clipped planchet errors occur before the coin is struck, during the blanking stage when circular discs are punched from a strip of metal. If the blanking punch strikes too close to the edge of a strip โ or overlaps a previously punched hole โ the resulting blank is missing a curved (curved clip) or straight (straight clip) section of metal. The coin is then struck from this incomplete blank, producing a recognizably distorted coin with a distinctive notch or bite taken out of the edge. The 1964 dime's clipped planchet errors come in three main forms: curved clip (most common), straight clip, and ragged clip, each reflecting a slightly different point of failure in the blanking process.
Authentication of a genuine clipped planchet versus post-mint damage requires careful examination. A genuine clipped planchet will show the "Blakesley Effect" โ a corresponding area of weak strike directly opposite the clip, caused by reduced metal flow filling the die at that point. Post-mint damage (PMD), by contrast, will show fresh metal disturbance at the missing area without the opposite-side weakness. Weight is also diagnostic: a genuine clipped 1964 dime will weigh measurably less than the standard 2.50 grams. Examining the edge at the clip: a genuine clip shows a smooth, curved surface with the coin's reeding absent, while PMD shows rough irregular edges.
The silver composition of 1964 dimes means clipped planchet examples retain a floor value well above face, and collector premiums for verified genuine clips are modest but real. The CoinTrackers and Rarest.org references both place the value range at $25 to $150 depending on clip severity, type, and coin condition. Dramatic double-clip examples or those with large curved clips exceeding 15% of the planchet area command the upper end of the range, particularly when certified by PCGS or NGC with an "Error" notation on the holder label.
Found one of these errors on your coin? Run it through the calculator above for a grade-based estimate before deciding whether to get it certified.
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The 1964 dime's production story is extraordinary. Congress authorized the U.S. Mint to continue striking "1964" dated coins into 1965 and 1966 to combat a nationwide silver coin shortage, meaning the final total of nearly 2.3 billion 1964 dated dimes was assembled over a span of approximately three years.
| Mint | Mint Mark | Mintage | Type | Notes |
|---|---|---|---|---|
| Philadelphia | None | 929,360,000 | Business Strike | No mint mark on reverse |
| Denver | D | 1,357,517,180 | Business Strike | Only silver Roosevelt dime mintage to exceed 1 billion |
| Philadelphia | None | ~3,950,762 | Proof | Mirror-finish collector sets |
| Philadelphia | None | Est. 20โ50 sets | SMS Special Strike | Experimental prototype; extremely rare |
| Total (circulation) | ~2,286,877,180 | Business Strike | Highest silver era Roosevelt dime total | |
Roosevelt's facial features are flattened; the hair above the ear shows no individual strands. Torch bands on the reverse are merged with no separation. All lettering remains readable. Value equals silver melt.
Hair detail above Roosevelt's ear is partially visible; cheekbone shows light wear. Torch bands are visible but still largely merged. In AU, 75%+ of original luster survives and only the highest hair strands show rub. Modest premium over melt.
No trace of wear anywhere. Roosevelt's hair shows complete, crisp individual strands. The cartwheel luster effect rotates as you tilt the coin under light. Contact marks and bag marks from storage are normal and reduce grade within this range.
Nearly perfect surfaces with minimal contact marks and exceptional luster. MS-67+ is a condition rarity for 1964 dimes despite the enormous mintage. Full Bands (FB) designation requires complete, separated horizontal band pairs on the torch with zero bridging.
๐ท CoinKnow can compare your dime's photo against graded examples to help you gauge condition before submitting to PCGS or NGC โ a coin identifier and value app.
The top destination for high-grade 1964 dimes โ MS-67+, Full Bands examples, DDR varieties, proof DCAM coins, and any SMS specimens. Competitive bidding among serious collectors typically produces the best results for coins worth $200 or more. Submit at least 60 days before your target auction date.
The most efficient outlet for silver melt-value examples and mid-grade coins ($5โ$100). To understand where the market actually is, browse recently sold 1964 Roosevelt dime prices and current eBay listings before setting your price. Always photograph both sides and list your PCGS or NGC holder number if certified.
Local dealers offer immediate payment without auction fees or shipping risk, making them ideal for bulk silver dimes and rolls. Expect to receive 75โ85% of retail value. For error varieties or high-grade pieces, get at least two shop quotes before accepting โ shops vary widely in Roosevelt dime expertise.
A cost-effective channel for raw (ungraded) mid-range 1964 dimes and error varieties in the $15โ$200 range. The community includes active variety collectors who cherrypick DDR, RPM, and FB coins. Requires building positive feedback history and providing detailed, well-lit photos.
Most circulated 1964 dimes are worth their silver melt value โ roughly $5 to $7 depending on current silver spot prices. Uncirculated examples in MS63โMS65 range from $8 to $20. The Full Bands (FB) designation dramatically increases value: an MS67 FB can reach $350 or more. The rarest 1964 dimes are the SMS Special Strike coins, which have sold for up to $18,600 at Heritage Auctions.
Yes. Every 1964 Roosevelt dime โ whether struck in Philadelphia or Denver โ is composed of 90% silver and 10% copper, weighing 2.50 grams. The coin contains 0.07234 troy ounces of pure silver. This makes 1964 the last year U.S. dimes were struck in silver for circulation. Starting in 1965, dimes switched to copper-nickel clad composition. You can verify a 1964 dime's silver content by checking the edge, which should show a uniform silver-white color with no copper stripe.
The 1964-D DDR is the most collectible error variety in the entire Roosevelt dime series. It was created when the working die received multiple misaligned hub impressions during production, permanently embedding a doubling effect on reverse inscriptions. The most visible doubling appears on "ONE DIME" and "UNITED STATES OF AMERICA," with secondary doubling on "E PLURIBUS UNUM." Circulated examples sell for $10 to $100, while MS65 specimens have reached $2,530 at major auctions. The variety is cataloged as FS-805 in the Cherrypickers' Guide.
Full Bands refers to the complete, sharp separation of both pairs of horizontal bands on the torch depicted on the coin's reverse. To earn the FB designation from PCGS or NGC, both the upper and lower band pairs must show clear vertical separation between the two bands โ no merging, bridging, or weakness allowed. Because the vast majority of 1964 dimes were weakly struck due to high-volume production, Full Bands examples represent a tiny fraction of surviving coins. An MS65 with FB can be worth 10 to 20 times more than a standard MS65.
The 1964 SMS (Special Mint Set) dime is one of the rarest 20th-century U.S. coins. These experimental strikes feature a distinctive satin finish, square-edged rims, and superior strike quality surpassing even proof coins. Only an estimated 20 to 50 complete sets are believed to exist, likely made as prototypes for the 1965 SMS program under Mint Director Eva Adams. All 1964 SMS dimes were struck in Philadelphia and carry no mint mark. PCGS has certified roughly 22 examples across all grades. The auction record is $18,600 for a PCGS SP67 sold at Heritage in August 2026.
Flip the coin to the reverse (tails) side and look to the left of the base of the torch. A small "D" indicates the coin was struck at the Denver Mint. No mint mark means it was struck at Philadelphia. The 1964-D had a mintage of 1,357,517,180 โ the highest single-mint silver dime production in U.S. history โ while Philadelphia struck 929,360,000. Both are common coins in circulated grades, but high-grade and Full Bands examples can vary significantly in value between the two facilities.
The 1964-D Repunched Mint Mark (RPM) occurred when mint employees hand-punched the "D" mint mark onto working dies more than once in slightly different positions. This creates a doubled or shadowed "D" visible under magnification. Variety Vista has cataloged at least ten distinct RPM varieties for this date, designated RPM-001 through RPM-010. Minor RPM varieties add $5 to $15 over standard value in circulated grades; more dramatic examples can reach $30 to $330 in uncirculated condition. After 1990, mint marks were incorporated into the master hub, making RPMs impossible on modern dimes.
All U.S. Roosevelt dimes struck from 1946 through 1964 are composed of 90% silver. This includes both the Philadelphia and Denver issues for every year in that range. The 1964 dime is the last circulation-issue Roosevelt dime made in silver. Starting in 1965, all dimes switched to a copper-nickel clad composition. The simplest way to test a dime for silver is to check the edge: silver dimes show a uniform silver-white edge, while clad dimes reveal a visible reddish-brown copper stripe at the core.
Professional grading from PCGS or NGC is worth the cost for 1964 dimes that might qualify for MS67 or higher, carry a Full Bands designation, show the DDR or RPM variety, or appear to be SMS strikes. For common circulated examples worth $5 to $8, grading fees of $20 to $50 per coin are not economical. However, for potentially high-value specimens โ particularly any coin with satin SMS surfaces โ third-party certification is essential, as SMS coins are frequently faked with polished business strikes. Always verify variety attribution is included on the PCGS or NGC label.
Rising silver prices in the early 1960s caused the public to hoard silver coins, creating a severe nationwide coin shortage. The U.S. Mint responded by dramatically ramping up production, and Congress authorized the Mint to continue striking coins dated "1964" even into 1965 and 1966 while new copper-nickel clad coin production was being prepared. As a result, nearly 2.3 billion dimes bearing the 1964 date were eventually struck across a three-year span, making it the highest-mintage year of the entire silver Roosevelt dime series.